But the bailout calculations – mandated under the Dodd-Frank Act Stress Tests – were not done by the FHFA.

Wells Fargo’s agency servicing volume dropped by $9.4 billion…

Earlier this year, Treasury Secretary Steven Mnuchin told the Senate Banking Committee he has the authority to restructure Fannie and Freddie without any change in law.

In 2Q18, there was a huge increase in bulk Fannie MSR transfers…

The Treasury report acknowledges concerns from the appraisal industry but touts the benefits of using the waivers…

As of Monday morning, none of the parties involved – FHFA, the FHFA IG, and the Council – were commenting to IMFnews. Nor were they denying the existence of an investigation.

Fannie Mae and Freddie Mac reported $6.96 billion in net income during the second quarter, down 3.2 percent from the previous quarter, and the duo have actively been working to trim their retained portfolios. Freddie has reduced its portfolio to $236.4 billion in the second quarter, well below the 2018 yearend purchase agreement cap of $250.0 billion. Its portfolio declined 1.9 percent in the second quarter but was down 16.7 percent from June 2017. Some 41.8 percent of ...

The fundamentals just weren’t there...

No wonder why Fannie and Freddie topped Business Insider’s list of the most profitable companies per employee…

The GSEs posted a combined net profit of $6.96 billion for the second quarter, with Fannie accounting for the lion’s share having earned $4.46 billion. The combined number is down slightly from the $7.19 billion recorded for the first quarter. Fannie Mae’s chief financial officer, Dave Benson, attributed the 4.6 percent quarterly increase partly to higher credit-related income. [Includes one data chart.]